AM Best Affirms Manulife's A+ Rating Highlighting Strong Performance and Risk Management
AM Best affirms Manulife's A+ rating, citing stable earnings, strong risk management, and effective reinsurance strategies in North American and Asian markets.
Lockton Re Expands in European Life Reinsurance with Paris Leadership
Lockton Re launches new European Practice focused on life reinsurance, appointing Mederic Borde to lead from Paris, enhancing capital management and specialty expertise.
Saladin Secures Series A Funding to Expand Digital Insurance Offerings in Vietnam
Vietnam's Saladin raises Series A funding to expand its digital insurance portfolio, introducing life and health insurance products and strengthening partnerships in the evolving market.
South Korea Insurance Growth, India Digital Shift, Lockton Expands in Saudi Arabia
Explore South Korea's life insurance growth, India's digital shift in general insurance, and Lockton's expansion into Saudi Arabia, key developments in the global insurance market.
Nepal Life Insurers See Rising Claim Payments and Pending Claims Over Three Years
Nepal’s life insurance sector experiences increasing claim payments and a rise in pending claims, highlighting key operational and regulatory challenges from FY 2079 to 2081.
Nanshan Life Issues $653M Tier 2 Subordinated Bonds Guaranteed by Parent
Nanshan Life Pte. Ltd. issued $653M in 5.875% Tier 2 subordinated bonds due 2041, backed by a guarantee from Nan Shan Life Insurance Co., Ltd. The bonds bolster the insurer's capital structure through long-term debt financing.
South Korea Eases Discount Rate Rules to Bolster Non-Life Insurer Solvency
South Korea's Financial Supervisory Service relaxes discount rate regulations easing solvency pressures for non-life insurers under IFRS 17 and K-ICS standards, highlighting asset-liability management importance.
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CNMI Budget Delay Risks Government Employee Health Insurance Coverage
CNMI faces urgent legislative deadline to pass FY 2026 budget revision essential for renewing health insurance coverage for 7,000 government employees and retirees, highlighting risks of coverage disruption and increased premiums.
LIC AGM on December 23 to Approve Dividend and Governance Changes
Insurance Company Limited (LIC) schedules AGM on Dec 23, 2025, to approve 5% bonus shares and 16.05% cash dividend, and key governance amendments.